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20130124
20130124
Search Results 0 to 15 of about 16 (some duplicates have been removed)
us. so what -- >> pleasure, thank you. ashley: what should congress do before that debt ceiling again comes upon us and what's the likelihood they will do it? >> well i'm not so sure they should be focusing on the short run at all. they should think in terms of what are things they need to do to grow the economy. if you look at the history of economic growth since the economy got out of the recession, formally got out of the recession back in june of 2009, we've had growth of about 2%. the long-term growth rate in this country is about 3%. so, a recovery usually means that you're growing at rates that are better than the average, in order to catch up. we're not even growing at rates near the average. ashley: right. >> what congress and the president need to do is focus primarily on things that would get the growth rates up. i would putnam per one on the list, focusing on the tax code and trying to create a tax structure that is pro-investment, rather than anti-investment. ashley: what we're hearing from the administration is higher taxes, more regulations, bigger government spending.
, but they want to have us hit it again in a few months. they raised the debt ceiling for a few months, instead of just do this once for the year or for two years or in some more permanent way to avoid the self-inflicted economic wound they voted today that we should do this always, every few months, because remember, yeah, obama is a big spender. democrats are going along with it, slowly, but this is what republicans want to be the new normal. whether or not you think there is constitutional support for trying to take this decision out of the hands with congress, what just happened today was the reason why people want to take this particular decision out of the hands of this congress. for decades, congress was capable of handling this decision. apparently that is not the case anymore. [ ship horn blows ] no, no, no! stop! humans. one day we're coming up with the theory of relativity, the next... not so much. but that's okay -- you're covered with great ideas like optional better car replacement from liberty mutual insurance. total your car and we give you the money to buy one a model year newe
the debt ceiling, but they want to have us hit it again in a few months. they raised the debt ceiling for a few months, instead of just do this once for the year or for two years or in some more permanent way to avoid the self-inflicted economic wound they voted today that we should do this always, every few months, because remember, yeah, obama is a big spender. democrats are going along with it, slowly, but this is what republicans want to be the new normal. whether or not you think there is constitutional support for trying to take this decision out of the hands with congress, what just happened today was the reason why people want to take this particular decision out of the hands of this congress. for decades, congress was capable of handling this decision. apparently that is not the case anymore. copd makes it hard to breathe, but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working to
. >> right. >> what happened today on the debt ceiling? i mean, are we going to go through this again in another three, four months? >> well, that's right. look, the little bit of good news here, ed, was that republicans recognized that the united states has to pay their bills. the bad news is they said, well, we only have to pay our bills as a country until may 19th. and so they've left this huge uncertainty hanging over the economy. we know that when they did this in 2011, it produced the month with the lowest job growth. it meant that our credit rating got downgraded. so while republicans have spent the last couple of years saying we need more certainty in the economy, what they have done is put more uncertainty in the economy. that will hurt the economy. and in order to get their right wing tea party folks to even do that, to even extend the debt court of appealing to may 19th, they had to promise them that they were going to slash spending. and the only way to make the math work, i mean, paul ryan wants to talk about the math, the only way to make the math work in the way they ap
on the debt ceiling. congressman chris van hollen takes us into the funny numbers he had to push. >>> if you want another concord bridge, i got some buddies. >> ted nugent is assembling a moron militia. we'll show you what he is going to be up against. >>> the transaction tax. americans pay it every day on everything we buy. but why doesn't wall street have to pony up? >>> and the latest on the quest for filibuster reform. will the senate actually change the rules and get something done? senator bernie sanders with us tonight. >>> good to have you with us tonight, folks. thanks for watching. if you wanted to know why congress has a record low approval rating, all you had to do was watch the circus on capitol hill today. outgoing secretary of state hillary clinton testified before senate and house committees today about the attack on the u.n. consulate in benghazi, libya. the committee members already have access to the full accountability review board report on the attack, as well as classified intelligence reports. secretary clinton has repeatedly taken responsibility for state department f
, but there are decisions that have to be made in the course of 2013 concerning fiscal deficits, concerning the debt ceiling, which is why 2013 is a make or break. >> reporter: if those decisions are postponed again? >> well, it will be pushing the can down the road yet again, which was a reproach that we made against the europeans, and i don't think that the u.s. should fall in that trap. >> reporter: lagarde said governments and legislators can't be allowed to let up or slip back, that we can't go back to business as usual. >> pelley: anthony, thank you very much. democratic senator dianne feinstein of california introduced legislation today to reinstate the federal ban on assault weapons, but she acknowledged that supporters face an uphill battle. nancy cordes is at the top of that hill tonight in washington. nancy. >> reporter: scott, the bill that she and other democrats spruced today is even tougher than the assault weapons ban that congress let lapse back in 2004. this bill would ban the sale of 157 different military-style firearms. flanked by police officers, doctors, and mayors, senator dianne fei
the difference here is unlike the debt ceiling which has the huge, global third party implications whether the government refinances itself, this is an invention of congress. they've decided please, tie my hands so i don't do it again. i do think therefore there's flexibility in whether they defer it or somehow play it some other way. >> bill: michael our guest finance writer for yahoo. all of this revolves, of course around the debt and the deficit. isn't it also true that we've made significant paydowns of the debt now and that's not -- so big, right but not as serious a problem as it was a year ago. >> this i think is kind of the under tone. it is not being talked about loudly. i do think it is the context for a lot of decisions. no debt has gotten paid down. we're running annual deficits. the absolute size of the government's debt gets bigger but the size of the deaf -- deficits have gone to under a trillion a year this year which no changes no effort really to actually do anything except for the economy to improve tax receipts to go up and you know, lower spending on sort of income su
passing a debt ceiling bill that takes the proverbial cain than the proverbial rug. the political panel weighs in next. ♪ >> from our fox business studios in new york, here again is gerri willis. gerri: i hate to say it, the debt limit, we're talking about that. the debt limit is on its way to getting punted until the spring, the house approving a four month debt ceiling extension. senate majority leader harry reid saying the senate will pass the house bill quickly. with more, a columnist for the national review and columnist for the new york post. i have my dreams team here to talk about this. i want to start with you because you're sitting right across from me. they are just taking the stand down the road. i mean, look, at the end of the day we are talking about waiting until may. >> i think we will be talking about this for most of the year because obviously there is a huge gulf between the president and the house. the house would like to not raise the debt ceiling at all. as they're preference, at least the majority of them. but they can't do that because they can't get the spendi
february 4th after their crowning achievement pushing through a debt ceiling suspension until may by a vote of 285-144 yesterday. i guess a hard day's work deserves a week and a half of recess. >> amen. >> meantime, the senate is in session today and harry reid and mitch mcconnell apparently agreed on a filibuster reform deal. a senator can no longer filibuster the so-called motion to proceed and killed a chance for up or down vote on legislation and be easier to appoint members to negotiate with the house once a bill is passed and until now even after a fill buster is beaten, there is still a 30-hour wait before a nominee confirmed. this time would now be cut to just two hours. the leaders also agreed any senator wishing to filibuster must come to the senate floor to do so. now, the steps might seem to represent progress but not nearly what many progressives wishing for. the headline in "the huffington post" says it all calling it failibuster. >> whoa. >> 60-vote senate is still intact. today is ira shap ro and also author of "the last great senate." and he joins us now. ira, i want to get
Search Results 0 to 15 of about 16 (some duplicates have been removed)